Sovereign Gold Bond to open for subscription on Nov 29 at ₹4,791/gram

The eighth tranche of Sovereign Gold Bond Scheme 2021-22 will open for subscription on Monday. The RBI has fixed the issue price at ₹4,791 per gram and a discount of ₹50 per gram will be given to investors applying online and making the payment through digital mode. The tenor of the bond will be for a period of eight years.